Figures from the International Air Transport Association show a 6.1-percent growth in demand measured in freight tonne kilometers for airfreight in November 2013 over the same month in the previous year. November's performance is an improvement on the 4.4-percent year-on-year demand expansion recorded in October. This continues an improvement trend in the weak air cargo markets which has been developing over 2013.
North American shipment volume continued on a downward path in November, according to the Cass Freight Index. The dip was not unexpected, as this is the same weak year-end movement observed for the last three years. Stronger than expected manufacturing activity and shipments of seasonal goods offset a general slowing of freight movements to temper the drop in shipment levels.